FOR IMMEDIATE RELEASE
SANYO Technology Center USA and PartnerAlliances establish collaborative Technology Licensing Partnership.
Silicon Valley, CA – May 4, 2004 – SANYO Technology Center USA, SANYO's US based research and development division, and PartnerAlliances, today announced that they have formed a collaborative Technology Licensing Partnership.
PartnerAlliances will work with SANYO to identify new business opportunities for developing leading-edge products by helping SANYO integrate their expertise and innovative technologies with other US advanced technology companies. SANYO will leverage PartnerAlliances expertise in IP Licensing, strategic alliances, and strategic marketing to help accelerate licensing and partnering opportunities in North America.
Located in California's Silicon Valley, SANYO Technology Center USA seeks out and collaborates on research and development efforts with US companies involved in advanced technologies. With over 50 years of technological innovation and creativity within the company, SANYO invests in efforts that will lead to superior products for the future. Current projects include work on imaging equipment (LCD projectors, digital still cameras, 3-D displays etc.), audio equipment (portable music players, virtual surround algorithms etc.), optical recording media and devices (ultra high capacity optical discs, optical pickup, etc.), information and communications systems (cellular phone, next generation mobile device, wireless LAN, home networking etc.), various semiconductor products (ASIC, Laser diode, LED, MEMs, etc), and energy-and ecology- related technologies (rechargeable batteries, fuel cells, CO2 compressors, co-generation systems, etc).
Dr. Yukinori Matsumoto, General Manager of SANYO Technology Center USA said: "In these fields, we are committed to gathering the latest information, promoting product planning and marketing activities to support SANYO Group's business for the upcoming era. We would like to develop new products and new business opportunities by integrating our expertise and innovative technologies with those of other US companies. PartnerAlliances brings a set of tools, resources and expertise that will allow us to accelerate our technology licensing and strategic alliance activities here in the US."
Khanh Le, Managing Partner and IP Licensing Practice Leader at PartnerAlliances said: "We are extremely excited about working with SANYO to help effectively manage intellectual property development activities, from technology due diligence and technology evaluation services, through the identification of new target applications for Sanyo's intellectual properties. These activities include market assessments, partner evaluation, and transaction negotiations."
Tim Curley, Founder and Managing Partner at PartnerAlliances commented: "SANYO is one of the world’s most innovative technology companies. We are pleased to help SANYO foster new relationships with companies that will integrate Sanyo's leading-edge technologies within their own respective technology research and development portfolios in an effort to create new products, and in some cases, to create entirely new industries fueling economic growth."
About Sanyo Technology Center USA
SANYO Electric Co., Ltd., parent company to the North America Group, develops new and exciting technologies to their fullest potential utilizing over $19 billion in worldwide assets and an organization of dedicated employees. SANYO Technology Center USA, located in Calfornia's Silicon Valley, seeks out and establishes collaborative relationships with US companies involved in advanced technologies. The Center also monitors market conditions, gathers information about new technologies, and shares its research and development efforts as a basis for reaching the end user.
SANYO North America's parent company invests heavily in developing new products and technologies with a staff of highly trained engineers using state-of-the-art equipment. Over 50 years of experience in creating new technologies puts SANYO in a special position to deliver more satisfying products now and in the future.
As a leader in the research and development of clean energy sources, SANYO is preparing to power tomorrow's new products using highly-efficient solar cell and chemical battery technology. Through an aggressive recycling program and manufacturing processes that emphasize the use of environmentally-friendly materials, SANYO works diligently to conserve the resources it puts to use.
About PartnerAlliances ( www.partneralliances.com )
PartnerAlliances delivers the necessary competencies, resources, contacts, and tools for strategic alliance development, strategic marketing, and IP Licensing services. The firm helps fast-moving companies structure and execute their partner and marketing strategies, integrated communications, and their core business processes related to these activities for accelerated gains in revenue, productivity, and profitability. Headquartered in Los Altos, Calif., the company is privately held.
For more information:
Sanyo North America Corp. contact:
Yukinori Matsumoto, Ph.D.
2010 North First Street, Suite 500
San Jose, CA 95131
ymatsumoto@sna.sanyo.com
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PartnerAlliances Contact:
Khanh Le
1650 Belvoir Drive
Los Altos, CA 94024
(408) 858-5783
khanhle@partneralliances.com
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